A. offer and consideration B. price and goods C. offer and acceptance D. demand and supply Correct Answer: Option C…
A. market penetration B. sales promotion C. pricing policy D. advertising Correct Answer: Option A - market penetration
A. selling concept B. marketing concept C. product concept D. production concept Correct Answer: Option B - marketing concept
A. government assistance B. the host community C. customer support D. skilled manpower Correct Answer: Option D - skilled manpower
A. line structure B. staff structure C. line and staff structure D. frictional structure Correct Answer: Option D - frictional…
A. planning B. directing C. staffing D. controlling Correct Answer: Option D - controlling
A. changes in the official rules set by the market B. method of transactions agreed upon by members C. participation…
A. agents B. jobbers C. investors D. brokers Correct Answer: Option D - brokers
A. legality B. durability C. recognition D. credibility Correct Answer: Option A - legality
A. labour union B. pressure group C. conglomerate D. cartel Correct Answer: Option B - pressure group